Direction de la formation initiale formation initiale
Transcription
Direction de la formation initiale formation initiale
',5(&7,21'(/$)250$7,21,1,7,$/( )250$7,21,1,7,$/('(/$qPH3URPRWLRQ '¶(/(9(66859(,//$176 'X-DQYLHUDX$RW )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV 6200$,5( 3DJHV /HVXUYHLOODQWGHVVHUYLFHVSpQLWHQWLDLUHV ¾ /HVPLVVLRQVHWOHVDFWLYLWpV /DIRUPDWLRQ ¾ /DFRQWULEXWLRQjODIRUPDWLRQ ¾ /HGpFRXSDJHGHODVFRODULWp3ODQGH0DVVH ¾ /HVREMHFWLIVGHIRUPDWLRQ ¾ /HFRQWHQXGHVHQVHLJQHPHQWVSDUREMHFWLIV /¶RUJDQLVDWLRQSpGDJRJLTXHGHODIRUPDWLRQ ¾ 8QHIRUPDWLRQSDUDOWHUQDQFH ¾ 8QHIRUPDWLRQSDUVLPXODWLRQ ¾ 1RWLFHVWDJHGpFRXYHUWH ¾ )LFKHGHVWDJHGHPLVHHQVLWXDWLRQ ¾ /HVSUDWLTXHVGHUpIpUHQFHVRSpUDWLRQQHOOHV /HGLVSRVLWLIGHO¶pYDOXDWLRQ ¾ /¶pYDOXDWLRQGHODIRUPDWLRQ /HVSHUVRQQHVUHVVRXUFHV ¾ 5pSHUWRLUH /HVDFWHXUVLPSOLTXpVGDQVODPLVHHQ°XYUHGHODIRUPDWLRQLQLWLDOH ¾ /¶XQLWpGHIRUPDWLRQGHVVXUYHLOODQWVSpQLWHQWLDLUHV ¾ /HGpSDUWHPHQW'URLW,QVWLWXWLRQVHW3ROLWLTXHV3pQLWHQWLDLUHV ¾ /H'pSDUWHPHQW6pFXULWp ¾ /H'pSDUWHPHQW$GPLQLVWUDWLRQHW0DQDJHPHQW ¾ /H'pSDUWHPHQW,QVHUWLRQHW6FLHQFHV&ULPLQHOOHV /HVDQQH[HV ¾ $QQH[H/¶DUUrWpGHIRUPDWLRQGXVHSWHPEUH0RGDOLWpV G¶RUJDQLVDWLRQGHODVFRODULWp ¾ $QQH[H1RWH'$3GXGpFHPEUHUHODWLYHDXUHFUXWHPHQWHW VXLYLGHVDJHQWVKDQGLFDSpVSHQGDQWOHXUVFRODULWpjO¶(1$3 ¾ $QQH[H6LJOHVHWDFURQ\PHV (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV /(6859(,//$17'(66(59,&(63(1,7(17,$,5(6 ,/(60,66,216(7/(6$&7,9,7(6 /DORLSpQLWHQWLDLUHGXQRYHPEUHGLVSRVHTXH /HVHUYLFHSXEOLFSpQLWHQWLDLUHSDUWLFLSHjO¶H[pFXWLRQGHVGpFLVLRQVSpQDOHV,OFRQWULEXHjO¶LQVHUWLRQ RX j OD UpLQVHUWLRQ GHV SHUVRQQHV TXL OXL VRQW FRQILpHV SDU O¶DXWRULWp MXGLFLDLUH j OD SUpYHQWLRQ GH OD UpFLGLYHHWjODVpFXULWpSXEOLTXHGDQVOHUHVSHFWGHVLQWpUrWVGHODVRFLpWpGHVGURLWVGHVYLFWLPHVHWGHV GURLWVGHVSHUVRQQHVGpWHQXHV,OHVWRUJDQLVpGHPDQLqUHjDVVXUHUO¶LQGLYLGXDOLVDWLRQHWO¶DPpQDJHPHQW GHVSHLQHVGHVSHUVRQQHVFRQGDPQpHVDUW /HV SHUVRQQHOV GH VXUYHLOODQFH GH O¶DGPLQLVWUDWLRQ SpQLWHQWLDLUH FRQVWLWXHQW VRXV O¶DXWRULWp GHV SHUVRQQHOVGHGLUHFWLRQO¶XQHGHVIRUFHVGRQWGLVSRVHO¶(WDWSRXUDVVXUHUODVpFXULWpLQWpULHXUH'DQVOH FDGUHGHOHXUPLVVLRQGHVpFXULWpLOVYHLOOHQWDXUHVSHFWGHO¶LQWpJULWpSK\VLTXHGHVSHUVRQQHVSULYpHVGH OLEHUWpHWSDUWLFLSHQWjO¶LQGLYLGXDOLVDWLRQGHOHXUSHLQHDLQVLTX¶jOHXUUpLQVHUWLRQDUW (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV /$)250$7,21 ,/$&2175,%87,21'(/$)250$7,21 &HWWH IRUPDWLRQ YLVH j SURIHVVLRQQDOLVHU OHV pOqYHV VXUYHLOODQWV SRXU UpSRQGUH DX[ PLVVLRQV GX VHUYLFHSXEOLFSpQLWHQWLDLUHQRWDPPHQWSUHQGUHHQFKDUJHOHVSHUVRQQHVSODFpHVVRXVPDLQGHMXVWLFH HQDVVXUHUODJDUGHHWIDYRULVHUOHVDFWLRQVGHUpLQVHUWLRQ $ O¶LVVXH GH OD IRUPDWLRQ LQLWLDOH O¶pOqYH VXUYHLOODQW GRLW rWUH FDSDEOH GHUHPSOLU OHV IRQFWLRQV GX SUHPLHUJUDGH$FHWpJDUGODIRUPDWLRQSULYLOpJLH ¾ /¶DFTXLVLWLRQGHVFRQQDLVVDQFHVMXULGLTXHVHWUpJOHPHQWDLUHV ¾ /DFRQQDLVVDQFHGHODSHUVRQQHGpWHQXH ¾ /¶DSSUHQWLVVDJH GHV WHFKQLTXHV HW GHV JHVWHV SURIHVVLRQQHOV QpFHVVDLUHV j O¶DFFRPSOLVVHPHQWGXVHUYLFHDLQVLTX¶DXPDLQWLHQGHO¶RUGUHHWGHODVpFXULWpGDQVOHV pWDEOLVVHPHQWVSpQLWHQWLDLUHV ¾ /HV UqJOHV GpRQWRORJLTXHV OLpHV j O¶pWKLTXH SURIHVVLRQQHOOH HW OH GpYHORSSHPHQW GHV FDSDFLWpVUHODWLRQQHOOHV ¾ /¶DSSUHQWLVVDJH GX IRQFWLRQQHPHQW G¶XQH FKDvQH GH FRPPDQGHPHQW HW GH O¶DXWRULWp KLpUDUFKLTXH (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV ,,±3/$1'(0$66( /H SODQ GH PDVVH UHSUpVHQWH OH VpTXHQoDJH GH OD IRUPDWLRQ VXU PRLV ,O HVW VXVFHSWLEOH GH FKDQJHPHQWVHWQHSHXWrWUHHQDXFXQFDVXQGRFXPHQWRSSRVDEOH (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV ,,,/(62%-(&7,)6'(/$)250$7,21 /DIRUPDWLRQLQLWLDOHSDUWLFLSHjO¶DWWHLQWHGHREMHFWLIVJpQpUDX[GHIRUPDWLRQ $O¶LVVXHGHODIRUPDWLRQO¶pOqYHVXUYHLOODQWGHVVHUYLFHVSpQLWHQWLDLUHVVHUDFDSDEOHGH ¾ ,GHQWLILHUO¶HQYLURQQHPHQWSURIHVVLRQQHOHWMXULGLTXHGDQVOHTXHOLOpYROXHUD ¾ ,QWpJUHUOHVUqJOHVGHYLHHWOHVIDLUHDSSOLTXHUHQGpWHQWLRQ ¾ 0HWWUHHQ°XYUHOHVWHFKQLTXHVSURIHVVLRQQHOOHVOLpHVjODVpFXULWpHQGpWHQWLRQHWj ODSpULSKpULHGHVpWDEOLVVHPHQWV ¾ $SSUpKHQGHU OHV GLIIpUHQWHV WHFKQLTXHV GH FRPPXQLFDWLRQ pFULWHV HW RUDOHV HW OHV DGDSWHUDX[GLIIpUHQWHVVLWXDWLRQVSURIHVVLRQQHOOHV ¾ 6DYRLUSUHQGUHHQFKDUJHHWDFFRPSDJQHUODSHUVRQQHGpWHQXHGDQVOHVGLIIpUHQWHV SKDVHVGHVRQLQFDUFpUDWLRQ /DIRUPDWLRQHVWVRXVWHQGXHSDUGHX[HQMHX[PDMHXUV ¾ 8QHQMHXG¶LQWpJUDWLRQDXVHLQGHO¶LQVWLWXWLRQSpQLWHQWLDLUHHQTXDOLWpGHIRQFWLRQQDLUH G¶pWDWLQYHVWLG¶XQHPLVVLRQGHVHUYLFHSXEOLF ¾ 8Q HQMHX GH SURIHVVLRQQDOLVDWLRQ OLp j O¶HPSORL G¶DJHQW GH GpWHQWLRQ DX VHLQ GHV pWDEOLVVHPHQWV SpQLWHQWLDLUHV TXH OHV pOqYHV VXUYHLOODQWV RFFXSHURQW GpV OHXU DQQpH GHVWDJLDLULVDWLRQ ,9/(352*5$00(3('$*2*,48( /HVHQVHLJQHPHQWVGLVSHQVpVjO¶(1$3UHJURXSHQWGHVWHPSVG¶DFFXHLOHWGHSUpVHQWDWLRQGHV WKpPDWLTXHV GHV PRGXOHV G¶HQVHLJQHPHQWV VSpFLILTXHV j FKDFXQ GHV REMHFWLIV GHV VpTXHQFHV GH SUpSDUDWLRQHWGHUHWRXUGHVWDJHGHVWHPSVFRQVDFUpVDX[UpIpUHQWVGHJURXSHHWjO¶XQLWpGHIRUPDWLRQ GHVVXUYHLOODQWV /H FRQWHQX GHV HQVHLJQHPHQWV HVW VXVFHSWLEOH GH PRGLILFDWLRQ DX UHJDUG GHV pYROXWLRQV OpJLVODWLYHV HW UqJOHPHQWDLUHV DLQVL TX¶DX UHJDUG GHV pYDOXDWLRQV pPDQDQW GHV SDUWLHV SUHQDQWHV DX SURFHVVXVIRUPDWLI (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV 'pSDUWHPHQW REMHFWLI ,GHQWLILHUO HQYLURQQHPHQWSURIHVVLRQQHOHWMXULGLTXH 'XUpH '',33 (OpPHQWVGHSROLWLTXHSpQLWHQWLDLUH K '',33 +LVWRLUHSpQLWHQWLDLUH(YROXWLRQGXPpWLHUGHVXUYHLOODQW K '',33 +LVWRLUHSpQLWHQWLDLUH K '',33 1RWLRQG (WDWGHGURLW K '',33 2UJDQLVDWLRQGHO $3&ODVVLILFDWLRQGHVpWDEOLVVHPHQWV K '',33 &RQWU{OHGHODGpWHQWLRQ K '',33 'URLWVREOLJDWLRQVGHVIRQFWLRQQDLUHV K '',33 5pJLPHVGHGpWHQWLRQ K '',33 1RWLRQVGHJUHIIHMXGLFLDLUH K '',33 'pRQWRORJLHGXVHUYLFHSXEOLFSpQLWHQWLDLUHFRXUVUpIpUHQW K '$0 /HVGLIIpUHQWVSHUVRQQHOVUpIpUHQWV K '$0 5{OHPLVVLRQVHWUHODWLRQG DXWRULWp[K K '$0 ,QIRUPDWLTXHGDQVO $3 K '$0 /HSRUWGHO XQLIRUPH K '$0 $FFXHLOHWFKDUWH0DULDQQH '$0 ,QIRUPDWLRQVXUOHVHUYLFHGHVDJHQWV K '$0 /DJHVWLRQGpOpJXpH K '$0 6DQWpHWVpFXULWpDXWUDYDLO K '$0 /HVULVTXHVSV\FKRVRFLDX[\FRPSULVVHQVLELOLVDWLRQDXVWUHVVHW KDUFqOHPHQWDXWUDYDLO K '$0 /HVGLVWULEXWLRQV K '$0 /HVFRQGXLWHVjULVTXHV K '$0 /HVpFULWVSURIHVVLRQQHOV K ',6& &DUDFWpULVWLTXHVGHV3360- K 8)6)7 /DMRXUQpHW\SHGXVXUYHLOODQW K 8)697 3UpVHQWDWLRQJULOOHGHVWDJH K (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ K )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV '5' '5' '5' '5' 5HODWLRQVVXUYHLOODQWVGpWHQXV K /HWHUULWRLUHSURIHVVLRQQHOGXVXUYHLOODQWSDUOHSULVPHGHODVRFLRORJLH GHVRUJDQLVDWLRQV K +LVWRLUHHWSKLORVRSKLHGHODSHLQH K (WKLTXHHWGpRQWRORJLH K 'pSDUWHPHQW 727$/KHXUHV K 2EMHFWLI ,QWpJUHUOHVUqJOHVGHYLHHWOHVIDLUHDSSOLTXHUHQGpWHQWLRQ 'XUpH '',33 'URLWVHWGHYRLUVGHODSHUVRQQHGpWHQXH3DUFRXUVG H[pFXWLRQGHSHLQHHW K '',33 /HUqJOHPHQWLQWpULHXUGHO pWDEOLVVHPHQWUpIpUHQWLHO53( K '',33 'URLWGLVFLSOLQDLUH K '',33 'URLWVGHO KRPPHHWDSSURFKHHXURSpHQQHGHODSHLQH K '',33 ,VROHPHQWDGPLQLVWUDWLI K '',33 5HWRXUVXUF\FOHPRELOLVDWLRQGHVDFTXLVMXULGLTXHV K /DFRUUXSWLRQ K '$0 727$/KHXUHV K (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV 2EMHFWLI 'pSDUWHPHQW 0HWWUHHQ°XYUHOHVWHFKQLTXHVSURIHVVLRQQHOOHVOLpHVjODVpFXULWpHQ GpWHQWLRQHWjODSpULSKpULHGHVpWDEOLVVHPHQWV 'XUpH '6 3UpVHQWDWLRQGXVSRUW K '6 6HOI K '6 6HOI K '6 $SSURFKHVpFXULWDLUH K '6 7LU K '6 6HQVLELOLVDWLRQDX[ULVTXHVLQFHQGLHVHQ(WDEOLVVHPHQW3pQLWHQWLDLUH K '$0 2XWLOVDSSOLFDWLIV&(/*,'( K '$0 2XWLOVDSSOLFDWLIV&(/*,'(/HVpFULWVSURIHVVLRQQHOVDSSOLTXpV K '$0 2XWLOVDSSOLFDWLIV&(/*,'(/HVpFULWVSURIHVVLRQQHOVDSSOLTXpV K '6 7LU K '6 7LU K '6 6HOIGpIHQVH K '6 6HOIGpIHQVH K '6 6HOIGpIHQVH K '6 6HOIGpIHQVH K '6 6HOIGpIHQVH K '6 6HOIGpIHQVH K '6 ([DPHQVHOI K '6 6HFRXULVPH + '6 ([DPHQGHVHFRXULVPH K '6 3UpYHQWLRQHWJHVWLRQGHVLQFLGHQWV K '6 &RQWU{OHGHVHIIHFWLIV K '6 )RXLOOHGHFHOOXOHV K '6 0RXYHPHQWVLQWHUQHVGHVGpWHQXV K '6 6LPXODWLRQG LQWHUYHQWLRQVRXV$5,&2 K (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV '6 7HVWVSK\VLTXHV3UpVHQWDWLRQGHVPDWpULHOV K '6 7LU K '6 7LU K '6 &DGUHUpJOHPHQWDLUHHVFRUWHV K '6 ,QLWLDWLRQDXEkWRQGHGpIHQVH K '6 7LU6,*LQLWLDWLRQ K '6 7,0 K '6 7,0 K '6 7,0 K '6 '36 K '6 0DWpULHOGHOD3(3 K '6 3UpYHQWLRQWUDILFVHWFDwGDW K '6 3URGXLWVVWXSpILDQWV K '6 /HSKpQRPqQHGHUDGLFDOLVDWLRQ K '6 ([HUFLFHLPDJHULHUDGLRVFRSLTXH K '6 /HVPR\HQVGHFRQWUDLQWHVDYDQWXQHH[WUDFWLRQRXXQWUDQVIHUW K 727$/KHXUHV K 3URJUDPPDWLRQHQSURMHWVRXPLVHjODGLVSRQLELOLWpGHVUHVVRXUFHVKXPDLQHVHWPDWpULHOOHV 'pSDUWHPHQW 2EMHFWLI $SSUpKHQGHUOHVGLIIpUHQWHVWHFKQLTXHVGHFRPPXQLFDWLRQpFULWHV HWRUDOHVHWOHVDGDSWHUDX[GLIIpUHQWHVVLWXDWLRQVSURIHVVLRQQHOOHV 'XUpH '$0 /HVpOpPHQWVGHFRPPXQLFDWLRQ K '$0 *HVWLRQGHVFRQIOLWV K '$0 *HVWLRQGHVFRQIOLWV K '$0 *HVWLRQGX6WUHVV K '$0 / REVHUYDWLRQ K '$0 /HWWUHGHIRUPHDGPLQLVWUDWLYH/)$ K (1$3 727$/KHXUHV K 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV 'pSDUWHPHQW 2EMHFWLI 6DYRLUSUHQGUHHQFKDUJHHWDFFRPSDJQHUODSHUVRQQHGpWHQXH GDQVOHVGLIIpUHQWHVSKDVHVGHVRQLQFDUFpUDWLRQ 'XUpH 7URXEOHVGXFRPSRUWHPHQWFKH]OHVSHUVRQQHVGpWHQXHVPRGXOH K '5' ,QWURGXFWLRQDX[VFLHQFHVKXPDLQHVHWPpGLFDOHV K ',6& 3ROLWLTXHVHWGLVSRVLWLIVG LQVHUWLRQ K ',6& /HVWURXEOHVGXFRPSRUWHPHQWFKH]OHVSHUVRQQHVGpWHQXHVPRGXOH K ',6& 3UpYHQWLRQVXLFLGH K ',6& 3UpYHQWLRQVXLFLGHVLPXODWLRQ K ',6& 3UpYHQWLRQVXLFLGHILOP ',6& 3UDWLTXHVGHVFXOWHVHQpWDEOLVVHPHQW K ',6& $SSURFKHGHO ,VODP K ',6& /HWUDYDLOSpQLWHQWLDLUH K ',6& /HVWURXEOHVGXFRPSRUWHPHQWFKH]OHVSHUVRQQHVGpWHQXHVPRGXOH K ',6& *HVWLRQGHVWURXEOHVGXFRPSRUWHPHQWGHODSHUVRQQHGpWHQXH6LPXODWLRQ K ',6& 9LROHQFH K ',6& ,QWHUFXOWXUDOLWp K ',6& 6LPXODWLRQWUDQVYHUVDOH)DPLOOHVjODSRUWHG HQWUpH K ',6& )HPPHV,QFDUFpUpHVORQJXHVSHLQHV K ',6& /RQJXHVSHLQHV K '',33 $PpQDJHPHQWGHODSHLQH K '',33 3DUFRXUVG H[pFXWLRQGHODSHLQHHWUpJLPHGLIIpUHQFLpV K '',33 /HSURFqVSpQDO K /HFRPSWHQRPLQDWLI K ',6& '$0 K 727$/KHXUHV K (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV $FWLYLWpVGX5pIpUHQW $FFXHLOUpIpUHQW /DFRQVWLWXWLRQGHJURXSH /HVHQWUHWLHQVLQGLYLGXHOV (OHFWLRQGXGpOpJXpGH*URXSH 9LHGHJURXSH 5HWRXUGHVWDJH &pUpPRQLHGHFO{WXUHSKRWRGHSURPRWLRQ (WDWGHVOLHX[GHVFKDPEUHV 1RWLILFDWLRQUHOHYpGHQRWHGpFLVLRQ-XU\ 1RWLILFDWLRQQRWHGHFRPSRUWHPHQW 'XUpH K K K K K K K K K K 727$/KHXUHV K 'LYHUV 5HPLVHGHVFOHIVGHFKDPEUHV 3UpVHQWDWLRQ6*$FFXHLO&5286 &RQGLWLRQVGHOLEpUDWLRQGHVFKDPEUHV $FFXHLOLQVWLWXWLRQQHO /HVIUDLVGHGpSODFHPHQWV 5HFXHLOGRQQpHVVRFLRGpPRJUDSKLTXHV' 'LVWULEXWLRQGHO 8QLIRUPH 3UpVHQWDWLRQGHVHQVHLJQHPHQWVFKHIGHGpSDUWHPHQW'), 3UpVHQWDWLRQ8)697 3UpVHQWDWLRQGXS{OHPpGLFDO 5;,'5 (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ 'XUpH K K K K K K K K K K K )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV /HFWXUH,'5 3UpVHQWDWLRQ0pGLDWKqTXH 'LVWULEXWLRQGHV.LPRQRVUHVWLWXWLRQ $3(HWYLHH[WUDVFRODLUH 5HVWLWXWLRQ5DGDU4&0 ,QIRUPDWLRQ4&0 2UDO (FULW 4&0 4&0 3UpVHQWDWLRQGHODPXWXHOOHHWVpFXULWpVRFLDOH 8'$) 2UJDQLVDWLRQ6\QGLFDOH $PSKLG DIIHFWDWLRQ 5HPLVHGHVIHXLOOHVGHY°X[ 4&0FHOOXOH03ODEHOOLVDWLRQ53( &RXUVFHOOXOH03ODEHOOLVDWLRQ53( (1$3 K K K K K K K K K K K K K K K K K 727$/KHXUHV K 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV 0RGXOH0DLVRQ&HQWUDOH (QILQGHIRUPDWLRQSRXUOHVpOqYHVDIIHFWpVHQ0DLVRQ&HQWUDOH VRXVUpVHUYHGXQRPEUHGHSDUWLFLSDQWV 'XUpH 0RGXOH0&'LVSRVLWLIVVSpFLILTXHV K ',6& 0RGXOH0&3URILOVHWJHVWLRQORQJXHVSHLQHV K ',6& 0RGXOH0&4XHVWLRQVGHGDQJHURVLWp K 0RGXOH0&/HUpJLPHGHVPDLVRQVFHQWUDOHV K ',6& '',33 /pJHQGH (1$3 727$/KHXUHV K 8QLWpGHIRUPDWLRQGHVVXUYHLOODQWV8)697 'pSDUWHPHQWLQVHUWLRQHWVFLHQFHVFULPLQHOOHV',6& 'pSDUWHPHQWVpFXULWp'6 'LUHFWLRQGHODUHFKHUFKHHWGHODGRFXPHQWDWLRQ'5' 'pSDUWHPHQWGURLWLQVWLWXWLRQVHWSROLWLTXHVSpQLWHQWLDLUHV'',33 'pSDUWHPHQWDGPLQLVWUDWLRQHWPDQDJHPHQW'$0 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV /¶25*$1,6$7,213('$*2*,48('(/$)250$7,21 ,81()250$7,213$5$/7(51$1&( /HV VXUYHLOODQWV GH OD qPH SURPRWLRQ EpQpILFLHQW G¶XQH IRUPDWLRQ GRQW OHV PRGDOLWpV SpGDJRJLTXHV RQW SRXU YRFDWLRQ GH GpYHORSSHU OHV FRPSpWHQFHV SURIHVVLRQQHOOHV VXU OD EDVH GH O¶DOWHUQDQFH /HGpFRXSDJHSUpYRLWF\FOHVGHVFRODULWpjO¶(1$3HWSpULRGHVGHVWDJHHQpWDEOLVVHPHQW 8Q3UHPLHUVWDJHGHGpFRXYHUWHGXPLOLHXFDUFpUDOG¶XQHGXUpHGHGHX[VHPDLQHV8QVHFRQGVWDJHGH PLVHHQVLWXDWLRQG¶XQHGXUpHGHQHXIVHPDLQHVGRQWGHX[MRXUVHQ63,3 /¶pOqYHVXUYHLOODQWHIIHFWXHUDFHVGHX[VWDJHVGDQVGHX[pWDEOLVVHPHQWVGLVWLQFWV &HWWH IRUPDWLRQ HVW RUJDQLVpH GH WHOOH VRUWH j SUpSDUHU OHV VXUYHLOODQWV GHV VHUYLFHV SpQLWHQWLDLUHV j SUHQGUHHQFKDUJHOHVSHUVRQQHVGpWHQXHVHWjDVVXUHUODJDUGHHWODVpFXULWpGHVSHUVRQQHVHWGHVELHQV TXLOHXUVRQWFRQILpV ,,81()250$7,213$56,08/$7,21 /¶DSSUHQWLVVDJH SDU VLPXODWLRQ RULHQWp HVW UpDOLVp DX UHJDUG GH SUDWLTXHV SURIHVVLRQQHOOHV GpILQLHVSUpDODEOHPHQWHWjSDUWLUG¶XQHQYLURQQHPHQWIRXUQLVVDQWO¶RFFDVLRQG¶DSSUHQGUHGHPHWWUHHQ SUDWLTXHGHVJHVWHVHWFRPSRUWHPHQWVFRKpUHQWVGDQVXQHVLWXDWLRQGHODYLHSURIHVVLRQQHOOH /HV VLPXODWLRQV RULHQWpHV SHXYHQW SUHQGUH IRUPHV OH GHJUp GH FRPSOH[LWp GHV VLPXODWLRQV V¶pOHYDQWDYHFOHQLYHDXG¶H[SpULHQFHHWGHVUHVSRQVDELOLWpVGHVSHUVRQQHOVPLVHQVLWXDWLRQ ¾ OHV VLWXDWLRQV G¶DSSOLFDWLRQ GH JHVWHV WHFKQLTXHV FHOOHVFL IRQW DSSHO j GHV JHVWHV VLPSOHVHWjGHVFRQVLJQHVSUpFLVHV ¾ OHV VLPXODWLRQV GH VLWXDWLRQV DX SRVWH GH WUDYDLO HOOHV SHUPHWWHQW DX[ DJHQWV GH GpFRXYULUGDQVGHVFRQGLWLRQVGHVLWXDWLRQUpHOOHOHVV\VWqPHVHWOHVSRVWHVGHWUDYDLO ¾ OHV VLPXODWLRQV GH VLWXDWLRQV FRPSOH[HV HOOHV IRQW DSSHO j XQH FRPELQDLVRQ GH VDYRLUVGHJHVWHVGHFRPSRUWHPHQWVHWGHVROXWLRQVSRVVLEOHVjSDUWLUG¶XQVFpQDULR UpDOLVWHODLVVDQWODSODFHjO¶LQLWLDWLYH,OV¶DJLWWRXWDXWDQWGHGLULJHUXQHLQWHUYHQWLRQRX XQHVLWXDWLRQGHFULVHTXHGHUpVRXGUHXQSUREOqPH 'XUDQWFHWWHIRUPDWLRQOHVFRXUVSRXYDQWLQWpJUHUODVLPXODWLRQFRPPHPRGDOLWpVSpGDJRJLTXHV VRQWOHVVXLYDQWV /HVFRXUVLQWpJUDQWODVLPXODWLRQFRPPHPRGDOLWpSpGDJRJLTXHVHURQWOHVVXLYDQWV ¾ /HGURLWGLVFLSOLQDLUHFRPPLVVLRQGHGLVFLSOLQH ¾ /HV WHFKQLTXHV GH IRXLOOH RXYHUWXUH HW IHUPHWXUH GH SRUWHV GH FHOOXOHV IRXLOOHV GH FHOOXOHFRQWU{OHGHVEDUUHDX[ ¾ /HVPRXYHPHQWVLQWHUQHVGpSDUWHWUHWRXUSURPHQDGHIRXLOOHSDUSDOSDWLRQ ¾ /DJHVWLRQGHODUHODWLRQGLVWULEXWLRQVHWSRUWHG¶HQWUpHSULQFLSDOH (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV ¾ /DSUpYHQWLRQGXVXLFLGH ¾ /DJHVWLRQG¶XQGpWHQXSUpVHQWDQWXQWURXEOHGXFRPSRUWHPHQW /HVDXWUHVFRXUVTXLVHURQWGLVSHQVpVGDQVOHEkWLPHQWGHVLPXODWLRQVHURQW ¾ 0DWpULHOGHFRQWU{OHGHOD3(3HWGXSDUORLU ¾ 7HFKQLTXHVG¶LQWHUYHQWLRQHWGHPHQRWWDJH ¾ /DSUpYHQWLRQGHVLQFHQGLHVHWO¶XWLOLVDWLRQGHV$5, (1$3 ¾ /HVHFRXULVPH 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV 67$*('(&289(57( qPHSURPRWLRQ 3XEOLF (OqYHVVXUYHLOODQWV 'XUpH VHPDLQHV (WDEOLVVHPHQWVSpQLWHQWLDLUHV (WDEOLVVHPHQWVGH VWDJH 2EMHFWLIV 'pFRXYULU XQ pWDEOLVVHPHQW SpQLWHQWLDLUH HW OH PpWLHU GH VXUYHLOODQW DX WUDYHUV G¶XQH LPPHUVLRQ GDQV OHV GLIIpUHQWV SRVWHV GH OD GpWHQWLRQ HW VHUYLFHVTXLV¶\UDWWDFKHQW VWDJHHQXQLIRUPH O¶pOqYH HVW SULV HQ FKDUJH SHQGDQW WRXW OH VWDJH SDU OH IRUPDWHXU GH O¶pWDEOLVVHPHQW O¶pOqYH HVW SODFp HQ GRXEOXUH DXSUqV GH VXUYHLOODQWV WLWXODLUHV VXU OHV GLIIpUHQWV SRVWHV GH GpWHQWLRQ ,O HVW H[FOXVLYHPHQW HQ SRVLWLRQ G¶REVHUYDWHXU 2UJDQLVDWLRQHW GpURXOHPHQW (YDOXDWLRQGX VWDJH (1$3 /HV DSWLWXGHV SURIHVVLRQQHOOHV VRQW pYDOXpHV SDU OH ELDLV G¶XQH JULOOH G¶REMHFWLIV GH VWDJH /H VDYRLU IDLUH UHODWLRQQHO HVW pYDOXp SDU OH IRUPDWHXU pWDEOLVVHPHQW HW OD QRWH HVW FDOFXOpH HW QRWLILpH SDU OH UpIpUHQW (1$3 DX UHJDUGGHVFURL[SRVpHVVXUODJULOOH 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV 67$*('(0,6((16,78$7,21 qPHSURPRWLRQ 3XEOLF 'XUpH (OqYHVVXUYHLOODQWV VHPDLQHV (WDEOLVVHPHQWVSpQLWHQWLDLUHV63,3 (WDEOLVVHPHQWVGHVWDJH 2EMHFWLIV 'pFOLQHU HW PHWWUH HQ SUDWLTXH HQ pWDEOLVVHPHQW OHV JHVWHV WHFKQLTXHVVLPXOpV*76GLVSHQVpVDXqPHF\FOHjO¶(1$3 'pPRQWUHU OHV FDSDFLWpV HW DSWLWXGHV SURIHVVLRQQHOOHV QpFHVVDLUHV jODIRQFWLRQGHVXUYHLOODQWjSDUWLUGHVJHVWHVWHFKQLTXHVDSSOLTXpV *7$ 'pFRXYULUOHVPLVVLRQVHWO¶RUJDQLVDWLRQG¶XQ63,3 3UHPLqUHSDUWLHGXVWDJHVHPDLQHVDFFXHLOHQVHLJQHPHQWGHV *7(pYDOXDWLRQGHODSDUWLHWKpRULTXHHWSpULRGHGHGRXEOXUH 'HX[LqPH SpULRGH VHPDLQHV O¶pOqYH HVW PLV HQ VLWXDWLRQ SURIHVVLRQQHOOH VRXV WXWRUDW DILQ GH GpYHORSSHU OHV *7$ VXU OHV GLIIpUHQWVSRVWHVHQGpWHQWLRQ 8Q VWDJH GH MRXUV HQ FLYLO VHUD RUJDQLVp GDQV OH 63,3 OH SOXV SURFKHHQPLOLHXRXYHUWRXIHUPpODSpULRGHHVWODLVVpHjO¶LQLWLDWLYH GHO¶pWDEOLVVHPHQW 2UJDQLVDWLRQHW GpURXOHPHQW (YDOXDWLRQGXVWDJH (1$3 /DSDUWLHFRQQDLVVDQFHVWKpRULTXHVGHV*7(HVWQRWpH/HVDSWLWXGHV SURIHVVLRQQHOOHVHWOHVDYRLUIDLUHUHODWLRQQHOVRQWpYDOXpHVHWQRWpHV SDUOHELDLVG¶XQHJULOOHG¶REMHFWLIVGHVWDJH 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV ,,,/(635$7,48(6'(5()(5(1&(623(5$7,211(//(6352 /HV352VRQWGHVVXSSRUWVpYROXWLIVHWPLVjMRXUHQWHPSVUpHOjODGLVSRVLWLRQGHVSHUVRQQHOV (OOHVVHUYHQWGHUpIpUHQFHGDQVO¶DFWLYLWpTXRWLGLHQQHGHVDJHQWVHQOLHQDYHFOHVILFKHVGHSRVWHGDQVOD IRUPDWLRQ LQLWLDOH HW FRQWLQXH HW GDQV OD SUpSDUDWLRQ GHV UHFUXWHPHQWV LQWHUQHV FUpDQW DLQVL SRXU OHV SHUVRQQHOVXQHFRKpUHQFHGHYXHHWGHPpWKRGHVFRPPXQHV /HV 352 VRQW FRQVWLWXpHV G¶XQ HQVHPEOH GH JXLGHV FRPSUHQDQW j OD IRLV GHV GRQQpHV UpJOHPHQWDLUHV WHFKQLTXHV HW GpRQWRORJLTXHV /D QRWLRQ GH 352 VH GpILQLW FRPPH XQ HQVHPEOH G¶pOpPHQWVDVVRFLpVGDQVO¶H[pFXWLRQGHVWkFKHVGHVDJHQWVGHO¶DGPLQLVWUDWLRQSpQLWHQWLDLUH ¾ 8QH FRQQDLVVDQFH MXULGLTXH HW DGPLQLVWUDWLYH DSSURIRQGLH GHV UqJOHPHQWV HW GHV SHUVRQQHV SODFpHV VRXV PDLQ GH MXVWLFH DLQVL TXH GH O¶HQYLURQQHPHQW GH O¶DGPLQLVWUDWLRQSpQLWHQWLDLUHVDYRLU ¾ /¶DFTXLVLWLRQ GH JHVWHV WHFKQLTXHV HW SURFpGXUHV LGHQWLILpV HW YDOLGpV DLQVL TXH OD PDvWULVHGHVPDWpULHOVHWWHFKQRORJLHVGHVpFXULWpVDYRLUIDLUH ¾ /D PDvWULVH G¶XQ FRPSRUWHPHQW DGDSWp DX[ LQGLYLGXV HW DX[ FLUFRQVWDQFHV VDYRLU rWUH ¾ /DFDSDFLWpjREVHUYHUjUHQGUHFRPSWHGDQVOHFRQWH[WHVSpFLILTXHGHODVWUXFWXUH SpQLWHQWLDLUHVDYRLUFRPPXQLTXHUjDQWLFLSHUHWjDJLUHQFRQVpTXHQFH ¾ /¶DSWLWXGH j DQDO\VHU HW FRPSUHQGUH OHV VLWXDWLRQV SURIHVVLRQQHOOHV YpFXHV HW j HQ WUDGXLUHOHVHQVHLJQHPHQWVGDQVODSUDWLTXHTXRWLGLHQQH /DGpILQLWLRQGHV352UHSRVHVXUXQHPpWKRGHDUWLFXOpHDXWRXUGHD[HVSHUPHWWDQWGHEDOD\HU O¶HQVHPEOHGHVEHVRLQV ¾ 8QD[HPpWLHUV¶DSSX\DQWVXUOHUpIpUHQWLHOHPSORLVFRPSpWHQFHVHQFRKpUHQFHDYHF ODQRWLRQGHSRVWHGHWUDYDLO ¾ 8QD[HWKpPDWLTXHV¶DSSX\DQWVXUGHVVLWXDWLRQVGHWUDYDLOHWVXUODFRQQDLVVDQFHGH O¶HQYLURQQHPHQWSpQLWHQWLDLUH /HV352IRXUQLVVHQWOHFDGUHGDQVOHTXHOVRQWGpFOLQpVOHVJHVWHVSURIHVVLRQQHOV$FHWLWUHLOV IL[HQWDXVVLOHVGRPDLQHVGDQVOHVTXHOVVRQWGpFOLQpVOHVHQVHLJQHPHQWVSDUVLPXODWLRQ $XIXUHWjPHVXUHGHOHXUpODERUDWLRQOHV352VRQWYDOLGpHVSDUOHVVHUYLFHVGXGLUHFWHXUGH O¶$GPLQLVWUDWLRQ 3pQLWHQWLDLUH SRXU rWUH HQVXLWH UHPLVHV DX[ pOqYHV HQ IRUPDWLRQ HW GLIIXVpHV SDUDOOqOHPHQWGDQVOHVpWDEOLVVHPHQWVSpQLWHQWLDLUHV $FHMRXU352VRQWYDOLGpHV (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV /(',6326,7,)'(/¶(9$/8$7,21 ,/¶(9$/8$7,21'(/$)250$7,21 $O¶LVVXHGHODIRUPDWLRQVRQWSULVHVHQFRPSWHSRXUODQRPLQDWLRQHQTXDOLWpGHVWDJLDLUH ¾ /HVQRWHVREWHQXHVORUVGHVF\FOHVGHIRUPDWLRQjO¶(1$3 ¾ OHVQRWHVREWHQXHVORUVGHVVWDJHVHQ(WDEOLVVHPHQW3pQLWHQWLDLUH /DGpWHUPLQDWLRQGHODQRWDWLRQV¶DSSXLHVXUSULQFLSDX[FULWqUHV ¾ /HVFRQQDLVVDQFHV ¾ ODSUDWLTXHOHVWHFKQLTXHVHWJHVWHVSURIHVVLRQQHOV ¾ OHFRPSRUWHPHQW '(3$57(0(17 7RWDOLWp GHVGpSDUWHPHQWV GpSDUWHPHQW GpSDUWHPHQW 7RWDOLWp GHVGpSDUWHPHQWV &RPSRUWHPHQW 6pFXULWp 727$/ &217(18 02'$/,7(6 127(6 4&0 ,QIRUPDWLTXH 4&0 ,QIRUPDWLTXH (SUHXYH (FULW (SUHXYH (FULW (WXGHGHFDV 2UDO &\FOH 7LU 6HFRXULVPH 6HOI6SRUW /DQDWXUHGHVpSUHXYHVDLQVLTXHOHVF°IILFLHQWVSHXYHQWrWUHVXVFHSWLEOHVGHFKDQJHPHQWV (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV /HVVWDJHVHQpWDEOLVVHPHQWV ¾ /HVWDJHGHGpFRXYHUWHHVWpYDOXpSDUO¶pWDEOLVVHPHQW JULOOHG¶REMHFWLIVSpGDJRJLTXHV JULOOHGXVDYRLUIDLUHUHODWLRQQHO««««««««««SRLQWV ¾ /HVWDJHGHPLVHHQVLWXDWLRQ*7(*7$HVWQRWpHWpYDOXpSDUO¶pWDEOLVVHPHQW *ULOOHG¶REMHFWLIVSpGDJRJLTXHV««««««««« SRLQWV *ULOOH*HVWHVWHFKQLTXHVHQFDGUpV««««««««SRLQWV *ULOOHGXVDYRLUIDLUHUHODWLRQQHO««««««««« SRLQWV 7RWDO«««SRLQWV (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV ,5(3(572,5( 5pIpUHQWV /(63(56211(65(66285&(6 *URXSH 1RP ,VDEHOOH0$5&2 -RVp5,9(5$ 6pYHULQH9,1&(17/$85(17 -RVp$32/,1$5 'DYLG*$%25,$8 -HDQ5('21 -HDQSDXO0$7,$6 3DWULFN5('28 5RGROSKH0,&/2 (ULF3,//2< 7ULVWDQ(85,$7 6DPLU+$0028&+( -RVp0$57$ %UXQR'25,6< 3HJJ\-$19,(5 )UDQFN021,1 5HP\/$9(5*1( 3KLOLSSH)(55(5( 0DULO\QH/(&5(11 /DXUHQW0$55(7 %ULJLWWH%(575$1' -HDQ)UDQoRLV$/21=2 6HFUpWDULDWGHVpOqYHVVXUYHLOODQWV8)697 *DXWKLHU-21$5' )DELHQ3216 &DUROLQH&$/9(= /\GLH)$,95( 'DYLG/,1'1(5 6\OYLH528; (1$3 1RP 7pOpSKRQH %XUHDX 6DOOH 1 1 * 6DOOH * * 7pOpSKRQH %XUHDX 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV 5HVSRQVDEOHGHO¶8QLWpGH)RUPDWLRQGHVVXUYHLOODQWV &KULVWHOOH38(&+ 1RP 7pOpSKRQH %XUHDX $GMRLQWGXUHVSRQVDEOHGHO¶8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15< 1RP 7pOpSKRQH %XUHDX &KHIVGH'pSDUWHPHQWV 'pSDUWHPHQW ,16(57,21 '$0 '',33 6(&85,7( $&&8(,/ 32/(0(',&$/ 1RP 6RSKLH025,//21 *X\=$1(77, )UDQoRLV)(95,(5 -HDQ0LFKHO/$85(17 )5$,6'('(3/$&(0(17 7pOpSKRQH %XUHDX 7pOpSKRQH %XUHDX (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV ,, /(6 $&7(856 ,03/,48(6 '$16 /$ 0,6( (1 ¯895( '( /$ )250$7,21 ,1,7,$/( D/¶XQLWpGHIRUPDWLRQGHVVXUYHLOODQWVSpQLWHQWLDLUHV /¶XQLWpGHIRUPDWLRQGHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHVFRQoRLWHWVXSHUYLVHODPLVHHQRHXYUH GHVSURJUDPPHVGHIRUPDWLRQ (OOHSHUPHW G¶DVVXUHUODUHSUpVHQWDWLRQGHODILOLqUH G¶pODERUHUHWDFWXDOLVHUOHVUpIpUHQWLHOVGHIRUPDWLRQ G¶pODERUHUGHVVpTXHQFHVSpGDJRJLTXHVSUpSDUDWLRQVHWUHWRXUVGHVWDJHV GHVXLYUHODVFRODULWpHWOHVVWDJHVGHVpOqYHV GHUHFXHLOOLUOHVEHVRLQVLQVWLWXWLRQQHOVHWLQGLYLGXHOV G¶DVVXUHUODSURJUHVVLRQHWOHVXLYLSpGDJRJLTXH G¶DVVXUHUODIRUPDWLRQHQDOWHUQDQFH GHVXSHUYLVHUODSURFpGXUHG¶pYDOXDWLRQGHVpOqYHV GHSDUWLFLSHURFFDVLRQQHOOHPHQWDX[LQVWDQFHVGHYDOLGDWLRQ GHSDUWLFLSHUjGHVJURXSHVGHUpIOH[LRQWKpPDWLTXHWUDQVYHUVDOH E/H'pSDUWHPHQW'URLW,QVWLWXWLRQVHW3ROLWLTXHV3pQLWHQWLDLUHV /H'pSDUWHPHQW'URLW,QVWLWXWLRQVHW3ROLWLTXHVSpQLWHQWLDLUHVHVWFKDUJpDXVHLQGHOD'LUHFWLRQ GHODIRUPDWLRQLQLWLDOHGHODFRQFHSWLRQGHVSURJUDPPHVG¶HQVHLJQHPHQWVMXULGLTXHVYHUVO¶HQVHPEOHGHV ILOLqUHVG¶pOqYHVHWVWDJLDLUHVHQIRUPDWLRQLQLWLDOH*DUDQWGHODFRKpUHQFHSpGDJRJLTXHDLQVLTXHGHOD SHUWLQHQFHMXULGLTXHGHVHQVHLJQHPHQWVTX¶LOSURJUDPPHOH'',33DVVXUHODGLVSHQVHGHVPRGXOHVGH IRUPDWLRQ MXULGLTXH DLQVL TXH O¶pYDOXDWLRQ GHV pOqYHV GDQV OHV GRPDLQHV TXL UHOqYHQW GH VRQ FKDPS G¶H[SHUWLVH,OYHLOOHjO¶DFWXDOLVDWLRQHWjODGLPHQVLRQSURIHVVLRQQHOOHGHVHQVHLJQHPHQWVTX¶LOFRQoRLWHW GLVSHQVHSDUWLFLSHjODYDORULVDWLRQGXGURLWSpQLWHQWLDLUHFRQGXLWODPLVVLRQG¶DFWXDOLVDWLRQGXFODVVHXU GHGURLWSpQLWHQWLDLUHSDUWLFLSHHQOLHQDYHFODFHOOXOH03DXGpSORLHPHQWGHV53(HWjODODEHOOLVDWLRQ GHV pWDEOLVVHPHQWV SpQLWHQWLDLUHV ,O SDUWLFLSH j OD UHSUpVHQWDWLRQ GH O¶(QDS HW GH O¶,QVWLWXWLRQ GDQV OH FDGUHGHVSDUWHQDULDWVTX¶LOQRXHDYHFWRXWRUJDQLVPHUHOHYDQWRXQRQGX0LQLVWqUHGHOD-XVWLFH(10 (1*8QLYHUVLWpV6HUYLFHVGpFRQFHQWUpV«HWjFHWLWUHFRQWULEXHSOXVSDUWLFXOLqUHPHQWjO¶DQLPDWLRQGHV IRUPDWLRQV MXULGLTXHV GLSO{PDQWHV DX[TXHOOHV O¶(QDS HVW DVVRFLpH 0DVWHU 'URLW GH O¶H[pFXWLRQ GHV SHLQHVHW'URLWVGHO¶+RPPH0DVWHUHXURSpHQGHGURLWSpQDOHWFULPLQRORJLHDSSOLTXpH /HGpSDUWHPHQWHVWFRPSRVpGHGHX[GRPDLQHVG¶HQVHLJQHPHQWV ¾/¶XQLWpLQVWLWXWLRQVHWSROLWLTXHVSpQLWHQWLDLUHV (OOH UDVVHPEOH S{OHV G¶H[SHUWLVH UHVSHFWLYHPHQW FRQVDFUpV DX SDUFRXUV G¶H[pFXWLRQ GH OD SHLQH j O¶KLVWRLUH SpQLWHQWLDLUH HW DX[ LQVWLWXWLRQV SpQLWHQWLDLUHV /HV VpTXHQFHV G¶HQVHLJQHPHQWV TX¶LO GLVSHQVH VHUYHQW SULRULWDLUHPHQW OHV REMHFWLIV G¶LQWpJUDWLRQ GHV pOqYHV HW GH GpFRXYHUWH GH O¶,QVWLWXWLRQ SROLWLTXHV SpQLWHQWLDLUHV RUJDQLVDWLRQ GH O¶$GPLQLVWUDWLRQ 3pQLWHQWLDLUH GURLW GH OD IRQFWLRQ SXEOLTXH HW GpRQWRORJLH KLVWRLUH SpQLWHQWLDLUH &HWWH YRFDWLRQ SHUPHW j FH S{OH G¶rWUH SDU DLOOHXUV UpJXOLqUHPHQW VROOLFLWpSDUOHV(FROHVSDUWHQDLUHVGX0LQLVWqUHGHOD-XVWLFH/HGRPDLQHHVWHQRXWUHFKDUJpGXVXLYL GHVHQVHLJQHPHQWVUHODWLIVjO¶DFWXDOLWpSpQLWHQWLDLUHSURJUDPPHVLPPRELOLHUVUpIRUPHV« (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV ¾/¶XQLWp'URLW (OOHUDVVHPEOHS{OHVG¶H[SHUWLVHUHVSHFWLYHPHQWFRQVDFUpVDX[DPpQDJHPHQWVGHVSHLQHVDX JUHIIH GHV pWDEOLVVHPHQWV SpQLWHQWLDLUHV HW DX UqJOHPHQW LQWpULHXU HW SURFpGXUHV HQ GpWHQWLRQ /HV VpTXHQFHV G¶HQVHLJQHPHQWV GpYHORSSpHV GDQV FHV WURLV D[HV RQW YRFDWLRQ j SHUPHWWUH DX[ pOqYHV G¶DSSUHQGUH OH GURLW SpQLWHQWLDLUH HW G¶HQ LQWpJUHU OHV H[LJHQFHV GDQV OHXU PDvWULVH SURJUHVVLYH GHV SUDWLTXHV SURIHVVLRQQHOOHV SUDWLTXH GHV DPpQDJHPHQWV GH SHLQH PLVH VRXV pFURX HW OHYpH G¶pFURX FRPPLVVLRQ GH GLVFLSOLQH JHVWLRQ GX TXDUWLHU GLVFLSOLQDLUH SURFpGXUH G¶LVROHPHQW GpEDWV FRQWUDGLFWRLUHV/¶XQLWpHVWHQRXWUHFKDUJpHGXVXLYLGHVHQVHLJQHPHQWVIRQGDPHQWDX[UHODWLIVDXGURLW SpQDOjODSURFpGXUHSpQDOHHWDX[GURLWVGHO¶KRPPH F/H'pSDUWHPHQW6pFXULWp /HGpSDUWHPHQW6pFXULWpDFFRPSOLWXQHGRXEOHPLVVLRQ 'LVSHQVHU OHV DSSUHQWLVVDJHVHW LQVWUXLUH DX[JHVWHV WHFKQLTXHVOHV pOqYHVHW OHVVWDJLDLUHV GH WRXWHILOLqUHSRXUSUHQGUHHQFKDUJHOHVSHUVRQQHVGpWHQXHVHQWRXWHVpFXULWp/DGpFOLQDLVRQJUDGXHOOH GHV JHVWHV VLJQLILH O¶DSSOLFDWLRQ G¶XQH PpWKRGRORJLH IRQGpH VXU OH GLVFHUQHPHQW HW O¶DQDO\VH GHV VLWXDWLRQV UHQFRQWUpHV LQWpJUDQW OHV FDUDFWpULVWLTXHV HW GLYHUVLWp GHV SXEOLFV FRQILpV j O¶DGPLQLVWUDWLRQ SpQLWHQWLDLUH/HGpSDUWHPHQW6pFXULWpUDVVHPEOHOHVTXDWUHXQLWpVVXLYDQWHV ¾8QLWp6UHWp6pFXULWp /HVHQVHLJQHPHQWVGLVSHQVpVVRQWUHODWLIVjO¶DSSUHQWLVVDJHGHVJHVWHVWHFKQLTXHVGLUHFWHPHQW OLpVjO¶DSSOLFDWLRQGHVUqJOHVGHVpFXULWp/DGpWHFWLRQGHVPHQDFHVO¶XVDJHGHVPDWpULHOVGHFRQWU{OH WXQQHOG¶LQVSHFWLRQjUD\RQV;ELRPpWULH«OHVSURFpGXUHVGHYpULILFDWLRQVFRQWU{OHG¶HIIHFWLIVIRXLOOH GH FHOOXOH OD SUpYHQWLRQ GHV LQFLGHQWV /HV HQVHLJQHPHQWV GLGDFWLTXHV IRQW pJDOHPHQW DSSHO j GHV UHVVRXUFHV H[WHUQHV TXL LQWHUYLHQQHQW VXU GHV WKpPDWLTXHV YDULpHV DXSUqV GHV GLIIpUHQWV SXEOLFV HQ IRUPDWLRQLQLWLDOHOHVSURGXLWVVWXSpILDQWVODSROLWLTXHGHVpFXULWpODVpFXULWpGHVHVFRUWHVOHVH[SORVLIV ODOXWWHFRQWUHOHSURVpO\WLVPHOHVGpWHQXVGDQJHUHX[OHSODQG¶LQWHUYHQWLRQODJHVWLRQGHVVLWXDWLRQVGH FULVH /¶XQLWp GpYHORSSH HW pFKDQJH VHV VDYRLUIDLUH DYHF O¶pFROH QDWLRQDOH GH O¶DYLDWLRQ FLYLOH OD JHQGDUPHULHQDWLRQDOHODSROLFHQDWLRQDOHODVpFXULWpFLYLOHO¶pWDWPDMRUGHVpFXULWpSpQLWHQWLDLUH ¾8QLWp,QFHQGLHHW6HFRXULVPH /D OXWWH FRQWUH OHV LQFHQGLHV HW OH VHFRXULVPH VRQW HQVHLJQpV PDvWULVH GX IHX HW GHV ULVTXHV LQFHQGLH SURWHFWLRQ HW DVVLVWDQFH DX[ SHUVRQQHV HQ GDQJHU &HW DSSUHQWLVVDJH FRQFHUQH WRXV OHV SHUVRQQHOV HQ WHQXH DLQVL TXH OHV pOqYHV GLUHFWHXUV /D IRUPDWLRQ UHSRVH VXU OD WUDQVPLVVLRQ GHV FRQVLJQHVO¶DFFRPSOLVVHPHQWGHVJHVWHVHWGHVSUDWLTXHVVSpFLILTXHVGpOLYUpVQRWDPPHQWjO¶RFFDVLRQ GHV H[HUFLFHV GH PLVHV HQ VLWXDWLRQV /¶XQLWp FRRSqUH DYHF OHV VDSHXUVSRPSLHUV GX 6HUYLFH GpSDUWHPHQWDO G¶,QFHQGLH HW GH 6HFRXUV DX PR\HQ G¶XQH FRQYHQWLRQ SHUPHWWDQW G¶pFKDQJHU GHV FRQWHQXV SpGDJRJLTXHV G¶RIIULU GHV ORFDX[ GH VLPXODWLRQ HW GH SURFpGHU j GHV pFKDQJHV VXU OHV FRQWHQXVUpJOHPHQWDLUHVHWRSpUDWLRQQHOV/DGLVFLSOLQHGXVHFRXULVPHHVWDVVXUpHSDUXQHFRRSpUDWLRQ VRXWHQXH HW UpJXOLqUH DYHF OHV LQVWUXFWHXUV GH OD &URL[5RXJH IUDQoDLVH GH SOXV OD TXHVWLRQ GH O¶DVVLVWDQFH HW GHV VHFRXUV SRUWpV HQ FDV GH WHQWDWLYH GH VXLFLGH RX G¶DXWRPXWLODWLRQ IDLW O¶REMHW G¶HQVHLJQHPHQWV (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV /¶XQLWp WUDYDLOOH j OD IRUPDWLRQ HQ PDWLqUH GH OXWWH LQFHQGLH GHV SHUVRQQHOV HPSOR\pV SDU OD FOLQLTXH6DLQW+LODLUHRXjODPLVHHQ°XYUHGHGpILEULOODWHXUVSDUGHVHPSOR\pVGHFROOHFWLYLWpWHUULWRULDOH PDLULHGH%Rp ¾8QLWp6SRUWHW7HFKQLTXHVG¶,QWHUYHQWLRQ /HVDSSUHQWLVVDJHVVRQWRULHQWpVYHUVOHVJHVWHVHWWHFKQLTXHVSURIHVVLRQQHOOHVDLQVLTXHVXUOHV WHFKQLTXHV G¶LQWHUYHQWLRQ VHOI GpIHQVH HW XWLOLVDWLRQ GH PDWpULHO GH VpFXULWp ,OV VLJQLILHQW OD PLVH HQ °XYUH G¶XQH SUpSDUDWLRQ SK\VLTXH HW OD SRVVLELOLWp G¶HQWUHWHQLU XQH FHUWDLQH FRQGLWLRQ JUkFH j GHV DFWLYLWpV H[WUDVFRODLUHV&HWWH XQLWp D[H SULQFLSDOHPHQW OH FRQWHQX GH VHV HQVHLJQHPHQWV VXU OD SURWHFWLRQSHUVRQQHOOHHWODSURSRUWLRQQDOLWpGDQVO¶XVDJHGHODIRUFHHPSOR\pHSDUUDSSRUWjO¶pYDOXDWLRQ GX GDQJHU HW GH OD PHQDFH /D VpFXULWp GHV SHUVRQQHV HVW XQH SULRULWp DEVROXH HOOH V¶DSSXLH VXU OD YDOHXULQVWLWXWLRQQHOOHGXWUDYDLOHQpTXLSH2XWUHO¶HQVHLJQHPHQWGHODVHOIGpIHQVHHWGHVWHFKQLTXHVGH PHQRWWDJHO¶LQVWUXFWLRQSRUWHVXUODSURIHVVLRQQDOLVDWLRQGHO¶LQWHUYHQWLRQHQFHOOXOHSDUWLFXOLqUHPHQWHQ XWLOLVDQW OHV WHQXHV GH SURWHFWLRQ /H SHUVRQQHO G¶HQFDGUHPHQW UHoRLW HQ FRPSOpPHQW GHV LQVWUXFWLRQV SURSUHVjODPpWKRGRORJLHGHO¶LQWHUYHQWLRQHWDXFRPPDQGHPHQWSHUPHWWDQWODERQQHFRRUGLQDWLRQGHV DFWLRQVjPHQHU /¶XQLWpHVWSOHLQHPHQWLQWpJUpHGDQVOHUpVHDXVSRUWLIDVVRFLDWLITXLSDUWLFLSHDXGpYHORSSHPHQW GHVDFWLYLWpVSURSRVpHVDX[pOqYHV ¾8QLWp7LUHW$UPHPHQWV 2XWUH OHV H[HUFLFHV GH WLU FHWWH XQLWp GLVSHQVH GHV FRXUV WKpRULTXHV VXU O¶XVDJH GH OD IRUFH HW GHVDUPHVHQPLOLHXSpQLWHQWLDLUH (OOHHVWSDUWLFXOLqUHPHQWPRELOLVpHSRXUGLVSHQVHUGHVHQVHLJQHPHQWVjWRXVOHVSHUVRQQHOVHQ WHQXHHWGHGLUHFWLRQGDQVOHFDGUHGHODIRUPDWLRQLQLWLDOHG¶XQHSDUWHWDVVXUHUOHVEHVRLQVH[SULPpVSDU ODIRUPDWLRQFRQWLQXHFRQFHUQDQWOHVPRQLWRUDWVGHWLUHWO¶DFFRPSDJQHPHQWGHV(5,6G¶DXWUHSDUW(OOH SDUWLFLSHjODIRUPDWLRQGHVHVFRUWHVDUPpHV/¶XQLWpHQWUHWLHQWGHVUHODWLRQVVRXWHQXHVDYHFOHVIRUFHV GH JHQGDUPHULH GH SROLFH GHV GRXDQHV GH O¶DUPpH GH WHUUH (OOH HPSORLH XQH JDPPH G¶RXWLOV FRPSOpPHQWDLUHVVLPXODWHXUVLPXQLWLRQVVWDQGGHWLUDLQVLTXHGHVVWUXFWXUHVGLYHUVLILpHV 8Q 2IILFLHU &KDUJp GH 0LVVLRQ °XYUH DX VHLQ GX GpSDUWHPHQW 6pFXULWp SRXU FRQFHSWXDOLVHU pODERUHU HW RUJDQLVHU XQ GLVSRVLWLI G¶HQVHLJQHPHQW j OD FRQGXLWH DGDSWpH DX EpQpILFH GHV DJHQWV HPSOR\pVGDQVOHVPLVVLRQVG¶HVFRUWHVHWGHWUDQVIqUHPHQWVDUPpV 8QUpJLVVHXUV¶HPSORLHjO¶RUJDQLVDWLRQGXEkWLPHQWGHVLPXODWLRQ /¶DFWLYLWpGHOD0LVVLRQ6pFXULWpV¶HIIRUFHGHUpSRQGUHjGHX[REMHFWLIVJpQpUDX[jVDYRLU /D UpGXFWLRQ GH O¶pFDUW HQWUH OD WKpRULH HW OD SUDWLTXH SDU OD UpDFWXDOLVDWLRQ GHV VXSSRUWV SpGDJRJLTXHV HW OD UpGDFWLRQ GHV VFpQDULL GH VLPXODWLRQ LQVSLUpV GX TXRWLGLHQ G¶XQ pWDEOLVVHPHQW SpQLWHQWLDLUH$FHWLWUHHOOHLQWqJUHOHVRULHQWDWLRQVOHVUpSRQVHVHWOHVGLUHFWLYHVSUDWLTXHVUpGLJpHVSDU OD6RXV'LUHFWLRQGHO¶(WDW0DMRUGH6pFXULWp/HVJHVWLRQVGHVLWXDWLRQGHFULVHpWDEOLHVVXUO¶H[SORLWDWLRQ GHV V\QWKqVHV QDWLRQDOHV UpGLJpHV SHUPHWWHQW OD SURGXFWLRQ G¶H[HUFLFH GH VLPXODWLRQV IRQGpH VXU OD UpDOLWpGHVLQFLGHQWVVXUYHQXVHQpWDEOLVVHPHQW (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV G/H'pSDUWHPHQW$GPLQLVWUDWLRQHW0DQDJHPHQW &RPSRVp GH WURLV XQLWpV OH GpSDUWHPHQW GpILQLW HW PHW HQ RHXYUH OHV HQVHLJQHPHQWV WRXUQpV YHUVOHVDJHQWVDILQG¶DGDSWHUOHXUVVDYRLUVOHXUVVDYRLUIDLUHRSpUDWLRQQHOVHWOHXUVDYRLUrWUHUHODWLRQQHO DX[EHVRLQVGHOHXUH[HUFLFHSURIHVVLRQQHOHWGHOHVPHWWUHHQDGpTXDWLRQDYHFOHXUVIRQFWLRQVHWOHXUV PLVVLRQV ¾/¶8QLWp0DQDJHPHQWHW&RPPXQLFDWLRQ (OOHDVVXUHOHVHQVHLJQHPHQWVGHVGLIIpUHQWHVIRUPHVGHPDQDJHPHQWVWUDWpJLTXHUHODWLRQQHO GH SURMHW G¶pTXLSH GHV ULVTXHV VDQWp DLQVL TXH OHV WHFKQLTXHVGH FRPPXQLFDWLRQ SURIHVVLRQQHOOH HQWUHWLHQVpFULWVSURIHVVLRQQHOVDQLPDWLRQGHJURXSHO¶REVHUYDWLRQ/DSpGDJRJLHGHO¶XQLWpV¶DSSXLH HVVHQWLHOOHPHQWVXUGHVPLVHVHQVLWXDWLRQHWO¶DSSUHQWLVVDJHSDUODSUDWLTXHHQSHWLWVJURXSHV &HV HQVHLJQHPHQWV VRQW pODERUpV HW GLVSHQVpV SDU OHV IRUPDWHXUV GH O¶XQLWpSRXU OHV VXUYHLOODQWVSUHPLHUVVXUYHLOODQWVHW OLHXWHQDQWVHWSDUGHV SUHVWDWDLUHVPDUFKp SXEOLFSRXU OHVFDGUHV $ HQ FRDQLPDWLRQ 7RXV FHV HQVHLJQHPHQWV D\DQW WUDLW j OD SUDWLTXH SURIHVVLRQQHOOH OD GLPHQVLRQ GX PpWLHUSpQLWHQWLDLUHYLVp\HVWSUpGRPLQDQWH ¾/¶8QLWp$GPLQLVWUDWLRQHW(QYLURQQHPHQWSURIHVVLRQQHO (OOH FRQoRLW HW GLVSHQVH OHV HQVHLJQHPHQWV SHUPHWWDQW O¶DSSURSULDWLRQ GHV FRQQDLVVDQFHV pOpPHQWDLUHVQpFHVVDLUHVjODSULVHGHIRQFWLRQGHO¶HQVHPEOHGHVSXEOLFVHQIRUPDWLRQLQLWLDOH/HSRUW GHO¶XQLIRUPHOHVGLIIpUHQWVSHUVRQQHOVU{OHHWPLVVLRQV«/HVHQVHLJQHPHQWVVRQWpJDOHPHQWRULHQWpV YHUV O¶DFTXLVLWLRQ GH FRQQDLVVDQFHV WHFKQLTXHV GDQV OHV GRPDLQHV GH O¶DGPLQLVWUDWLRQ SXEOLTXH UHVVRXUFHV KXPDLQHV JHVWLRQ FRPSWDEOH HW ILQDQFLqUH« SOXV SDUWLFXOLqUHPHQW SRXU OHV FRUSV GH GLUHFWLRQ (QILQ GHV WKpPDWLTXHV GH VHQVLELOLVDWLRQ SOXV JpQpUDOHV VRQW GLVSHQVpHV VHQVLELOLVDWLRQ DX KDQGLFDSULVTXHVSV\FKRVRFLDX[FRQGXLWHVjULVTXHV«'HVLQWHUYHQDQWVGHO¶DGPLQLVWUDWLRQHWGHOD IRQFWLRQSXEOLTXHYLHQQHQWFRPSOpWHUOHGLVSRVLWLIGHVIRUPDWHXUVGHO¶XQLWp ¾/¶8QLWpGHV$SSOLFDWLIV,QIRUPDWLTXHV (OOH PHWHQ°XYUHOHVHQVHLJQHPHQWVUHODWLIVDX[DSSOLFDWLIVLQIRUPDWLTXHV*,'(&(/ $33,66,HWSURFKDLQHPHQW*(1(6,6DLQVLTX¶DX[ORJLFLHOVEXUHDXWLTXHV2IILFH0LFURVRIWHW 2SHQ2IILFH&HVHQVHLJQHPHQWVVRQWGLVSHQVpVGHYDQWWRXVOHVSXEOLFVHQIRUPDWLRQLQLWLDOHHQ OLHQ HW HQ FRKpUHQFH DYHF OHV DXWUHV XQLWpV HW GpSDUWHPHQWV G¶HQVHLJQHPHQW GH O¶(FROH 3RQFWXHOOHPHQWO¶8$,LQWHUYLHQWSRXUOHVHQVHLJQHPHQWV$33,RXEXUHDXWLTXHVGDQVOHFDGUHGH ODIRUPDWLRQFRQWLQXHDYHFODFHOOXOHIRUPDWLRQRXOHVGLUHFWLRQVLQWHUUpJLRQDOHV (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV H/H'pSDUWHPHQW,QVHUWLRQHW6FLHQFHV&ULPLQHOOHV &RPSRVp GH GHX[ XQLWpV TXL GpILQLVVHQW HW PHWWHQW HQ RHXYUH OHV HQVHLJQHPHQWV OLpV j OD FRQQDLVVDQFHGHVSHUVRQQHVSODFpHVVRXVPDLQGHMXVWLFHDX[IDLWVGpOLFWXHX[HWjOHXUSULVHHQFKDUJH GDQVO¶H[pFXWLRQGHODSHLQH ¾/¶XQLWpGHVVFLHQFHVKXPDLQHVHWFULPLQHOOHV /HV WKpPDWLTXHV VRQW HQYLVDJpHV VRXV OHV DQJOHV GH OD SV\FKRORJLH SV\FKRFULPLQRORJLH HW FULPLQRORJLH&HVFRXUVVRQWHQOLHQDYHFODJHVWLRQGHVLQGLYLGXVjODIRLVVXUOHSODQGHODVpFXULWpHW FHOXLGH ODSUpYHQWLRQ GH OD UpFLGLYH /HV HQVHLJQHPHQWVUHODWLIV j OD FRQQDLVVDQFHGH ODSHUVRQQH GH VHV FRPSRUWHPHQWV FRQVWUXFWLRQ GH OD SHUVRQQDOLWp SV\FKRSDWKRORJLHV GpYLDQFHV SUpYHQWLRQ GX VXLFLGH HW GX IDLW FULPLQHO FULPLQRORJLH FOLQLTXH pYDOXDWLRQ FULPLQRORJLTXH SDVVDJH j O¶DFWH DJUHVVLRQVVH[XHOOHV«VRQWHQYLVDJpVVXUOHSODQWKpRULTXHHWSUDWLTXH/DSUpYHQWLRQHWOHWUDLWHPHQW GH OD YLROHQFH OD GDQJHURVLWp OHV PLVHV HQ °XYUH GHV QRXYHOOHV PpWKRGRORJLHV G¶LQWHUYHQWLRQ 335 '$9&VRQWWUDLWpHVHQFROODERUDWLRQDYHFOHVDXWUHVGpSDUWHPHQWVG¶HQVHLJQHPHQW ¾/¶XQLWpLQVHUWLRQ &RQoRLWHWGLVSHQVHOHVFRXUVUHODWLIVjODFRQQDLVVDQFHGHVSXEOLFVVRXVPDLQGHMXVWLFHHWjOD SULVHHQFKDUJHGHFHX[FL2XWUHODFRQQDLVVDQFHGHVSXEOLFVVXLYLVVRXVO¶DQJOHVRFLRGpPRJUDSKLTXH HW FXOWXUHO OHV SUREOpPDWLTXHV GH SULVH HQ FKDUJH VRQW DERUGpHV HQ IRQFWLRQ GHV ILOLqUHV HQ IRUPDWLRQ 6RQW DXVVL WUDLWpHV OHV TXHVWLRQV GHV GURLWV VRFLDX[ GHV GpWHQXV GHV GLVSRVLWLIV PLV HQ °XYUH SRXU SUpYHQLU OD UpFLGLYH FRQFHSW G¶LQVHUWLRQ SROLWLTXHV HW GLVSRVLWLIV G¶LQVHUWLRQ 3(3 3URJUDPPHV GH 3UpYHQWLRQGHOD5pFLGLYHGLVSRVLWLIVGHSULVHHQFKDUJHGHVSXEOLFVVSpFLILTXHVHWGXSDUWHQDULDW /H 'pSDUWHPHQW ,QVHUWLRQ HW VFLHQFHV FULPLQHOOHV IDLW ODUJHPHQW DSSHO DX[ SURIHVVLRQQHOV H[WpULHXUV j O¶(QDS $GPLQLVWUDWLRQ SpQLWHQWLDLUH GLUHFWLRQV GpSDUWHPHQWDOHV GHV VHUYLFHV GH O¶(WDW HWF HW SUHVWDWDLUHV H[WHUQHV H[SHUWV SV\FKRORJXHV DVVRFLDWLIV XQLYHUVLWDLUHV « SRXU DVVXUHU OHV HQVHLJQHPHQWVGRQWLODODFKDUJH (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV /(6$11(;(6 $QQH[HQ /¶DUUrWpGHIRUPDWLRQGXVHSWHPEUH 0RGDOLWpVG¶RUJDQLVDWLRQGHODVFRODULWp $QQH[HQ 1RWH '$3 GX GpFHPEUH UHODWLYH DX UHFUXWHPHQW HW VXLYL GHV DJHQWV KDQGLFDSpVSHQGDQWOHXUVFRODULWpjO¶(1$3 $QQH[HQ 6LJOHVHWDFURQ\PHV (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV (1$3 $UUrWpGHIRUPDWLRQGXVHSWHPEUH 3RUWDQWRUJDQLVDWLRQGHODIRUPDWLRQLQLWLDOH GHVpOqYHVVXUYHLOODQWVHWVWDJLDLUHV UHOHYDQWGXFRUSVG¶HQFDGUHPHQWHWG¶DSSOLFDWLRQ GXSHUVRQQHOGHVXUYHLOODQFHGHO¶DGPLQLVWUDWLRQSpQLWHQWLDLUH 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV : K EKZ :h^< > s s s s s s s s s ^ > (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV d/dZ/ /^WK^/d/KE^'EZ>^ > > > > d/dZ// KEh/d>&KZDd/KEWZ> K>Ed/KE> D/E/^dZd/KEWE/dEd//Z > > > (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV > d/dZ/// KZ'E/^d/KE^WZ/K^^d'WZd/Yh > > > / / > / d/dZ/s s>hd/KE^^d'^ > (1$3 / 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV > > / > / 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ / d/dZs s>hd/KEds>/d/KE>&KZDd/KE/E/d/> W > > W > / > (1$3 )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV d/dZs/ Wd/dhWZK&^^/KEE>> > / > > > > > > > > > d (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV > > > Z (1$3 W W & > > > : > > > d 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV (1$3 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+ )RUPDWLRQGHODqPHSURPRWLRQG¶pOqYHVVXUYHLOODQWVGHVVHUYLFHVSpQLWHQWLDLUHV $3 $5,&2 &$ &(/ '$3 '), '36 '63 (1$3 (6 *,'( *7$ *7( ,'5 /)$ 0& 0333 3(3 3360- 352 4&0 53( 6' 6)5 6* 606 63 63,3 7,0 8'$) 8/) 85)4 (1$3 6,*/(6(7$&521<0(6 $GPLQLVWUDWLRQ3pQLWHQWLDLUH $SSDUHLO5HVSLUDWRLUH,VRODQWj&LUFXLW2XYHUW &RQJp$QQXHO &DUQHW(OHFWURQLTXHGH/LDLVRQ 'LUHFWLRQGHO¶$GPLQLVWUDWLRQ3pQLWHQWLDLUH 'LUHFWLRQGHOD)RUPDWLRQ,QLWLDOH 'pWHQX3DUWLFXOLqUHPHQW6LJQDOp 'LUHFWHXUGHV6HUYLFHV3pQLWHQWLDLUHV (FROH1DWLRQDOHG¶$GPLQLVWUDWLRQ3pQLWHQWLDLUH (OqYH6XUYHLOODQW *HVWLRQ,QIRUPDWLVpHGHV'pWHQXVHQ(WDEOLVVHPHQW *HVWHV7HFKQLTXHV$SSOLTXpV *HVWHV7HFKQLTXHVG¶(QFDGUHPHQW ,QWUDGHUPRUpDFWLRQ /HVGH)RUPH$GPLQLVWUDWLYH 0DLVRQ&HQWUDOH 0LVVLRQGHV3UDWLTXHV3URIHVVLRQQHOOHV3pQLWHQWLDLUH 3RUWHG¶(QWUpH3ULQFLSDOH 3HUVRQQHV3ODFpHV6RXV0DLQGH-XVWLFH 3UDWLTXHVGH5pIpUHQFH2SpUDWLRQQHOOHV 4XHVWLRQQDLUHj&KRL[0XOWLSOHV 5qJOHV3pQLWHQWLDLUHV(XURSpHQQHV 6WDJH'pFRXYHUWH 6DYRLU)DLUH5HODWLRQQHO 6HFUpWDULDW*pQpUDO 6WDJHGH0LVHHQ6LWXDWLRQ 6HUYLFHV3pQLWHQWLDLUHV 6HUYLFHV3pQLWHQWLDLUHVG¶,QVHUWLRQHWGH3UREDWLRQ 7HFKQLTXHG¶,QWHUYHQWLRQHWGH0HQRWWDJH 8QLRQ'pSDUWHPHQWDOHGHV$VVRFLDWLRQV)DPLOLDOHV 8QLWp/RFDOHGH)RUPDWLRQ 8QLWp5pJLRQDOH)RUPDWLRQHW4XDOLILFDWLRQ 'LUHFWLRQGHODIRUPDWLRQLQLWLDOH±8QLWpGH)RUPDWLRQGHV6XUYHLOODQWV -HDQ3DXO+(15<±&KULVWHOOH38(&+
Similar documents
Enjeux et défis des jeunes d·aujourd·hui
DFFRUGp FH TXL QRXV D SHUPLV HQWUH DXWUHV G·HPEDXFKHUXQHSHUVRQQHSRXUFRRUGRQQHU OHUpVHDXGHVSUpPDWHUQHOOHVHWJDUGHULHV1RXV HQVRPPHVDXVVLjPHWWUHOHVGHUQLqUHVYLUJXOHV jXQ...
More informationraa mensuel septembre 2002 - Services de l`Etat dans les LANDES
$55Ç7e1'8$2Ó7'8',5(&7(85'(/¶$*(1&(5e*,21$/('(/¶+263,7$/,6$7,21 '¶$48,7$,1(5(/$7,)¬/$'e/e*$7,21'(6,*1$785('211e(¬0216,(853,(55(62/(77, ',5(&7(85'e3$57(0(17$/'...
More informationSTITCHES
8VHWRJHWKHUZLWKWKHIRRWFRQWUROWREDVWHSLHFHVRI WKHIDEULFWRJHWKHU)HHGWKHIDEULFE\PRYLQJWR WKHQH[WEDVWHSRVLWLRQZKHQVHQVRUIRRWOLIWV)HHGWHHWKORZHUHGDXWRPDWLFDOO\
More information